The Federal Reserve has a dual mandate: Stable prices and maximum employment! Given the state of that mandate vis a vis the current condition of the U.S. economy, the answer to the question of if and when the Fed will begin to raise rates is that no one knows. But nonetheless that question has become […]
27 Statistics About The U.S. Middle Class Summary: Do you consider yourself a member of the middle class or has it become increasingly difficult to know that answer for sure? Much commentary continually gets bandied about concerning the state of the middle class in the United States! One side of the political argument (typically the incumbents […]
Given the fact that the median household income is slightly more than $50,000, the idea that someone would be ready, willing and able to pay 5X that amount (in after-tax dollars) for one months rent is a staggering and hard-to-comprehend idea! But, given that we are speaking about a penthouse apartment and that said apartment […]
According to a study conducted by Pro Teck Valuations Services using a combination of metrics including foreclosure sales and available housing inventory, the real estate market on Long Island is the hottest in the nation! While this news may bode well for home sellers on Long Island, the eager real estate buyers in some other […]
